Is Third Party Mandatory for Car Insurance?

a yellow car with stacks of money on top of it

Owning a car comes with certain legal responsibilities that are easy to overlook until something goes wrong. One of the most important of these is having valid third-party car insurance, which is mandatory for all vehicles on Indian roads.  While many car owners treat it …

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Advantages of Insurance

two people shaking hands

Insurance is a contract or an agreement between two or more parties wherein one party agrees to indemnify another for losses, injuries, or damages arising from certain events and, in return, receives monetary compensation. When you buy insurance for your car, home, or health, it’s …

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